Kaspersky and Codebase Technologies have entered into a Memorandum of Understanding (MoU) to bolster cybersecurity in digital banking and fintech sectors.

The MoU will concentrate on identifying synergies for creating cohesive, secure, and optimized digital banking and fintech solutions with advanced cybersecurity features.

This collaboration aims to integrate Codebase Technologies’ Digibanc digital banking platform, its implementation expertise, and regional presence with Kaspersky’s cybersecurity technology. The goal is to enhance the security, resilience, and compliance of digital banking and fintech environments used by banks, financial institutions, fintech companies, and regulated entities.

Combining Digital Banking and Secure Cybersecurity Solutions

The MoU will focus on aligning their capabilities to support organizations in managing cybersecurity risks related to digital financial services. This includes protecting critical systems, preventing fraud, safeguarding sensitive data, and ensuring customer operations are secure within complex threat environments.

Given the increasing complexity of the threat landscape faced by financial institutions, both parties aim to explore how enhanced cybersecurity solutions can integrate with improved digital banking services. This collaboration will also assess opportunities for optimizing the Digibanc platform with security features that meet regulatory, risk management, and operational requirements in target markets.

The MoU sets a framework for cooperation between Kaspersky and Codebase Technologies, providing them the opportunity to combine their offerings to better safeguard financial institutions and their customers against evolving cyber threats.